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Mediating effect of self-coping mechanisms on associations between financial practices and financial security of female-headed households

Ahmad, Siti Yuliandi Ahmad and Sabri, Mohamad Fazli and Abd Rahimc, Husniyah and Osman, Syuhaily (2016) Mediating effect of self-coping mechanisms on associations between financial practices and financial security of female-headed households. Malaysian Journal of Consumer and Family Economics, 19. pp. 143-160. ISSN 1511-2802

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Abstract

Coping process involves contingency actions of individual to alter their cognitive and behaviour to cope with stress encountering events in life. Self-coping mechanisms were examined further as mediating effect between financial practices and financial security among female-headed households in Malaysia. A model was then constructed based on Characteristics Theory, Cognitive of Stress and Coping Theory. A multi-stage random sampling was executed and a self-administered survey was executed to collect data from 600 respondents from six single mother associations at every zone in Malaysia. A structural equation modelling using AMOS software was used to examine mediating effect of self-coping mechanisms in a relationship between financial practices and financial security of female-headed households in Malaysia. The findings support that a significant relationship exists between indirect and mediating models. The study revealed that there is a partial mediating effect of self-coping mechanisms between financial practices and financial security. The role of self-coping mechanisms is crucial to grasp a better understanding of how financial practices and financial security are related to improving the living standards of female-headed households. Implications and limitations of the study are dissussed further.

Item Type: Article (Journal)
Additional Information: 8086/67430
Uncontrolled Keywords: self-coping mechanisms, financial practices, financial security, female-headed households
Subjects: H Social Sciences > HG Finance > HG179 Personal finance
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Languages and Management
Depositing User: Dr. Siti Yuliandi Ahmad
Date Deposited: 15 Nov 2018 12:17
Last Modified: 15 Nov 2018 12:17
URI: http://irep.iium.edu.my/id/eprint/67430

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